Find the profit% if a person buy a product at 250 rs. And sell it at 300 rs.
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Answer:
Cost price = Rs. 250
Selling Price = Rs. 300
Profit = SP - CP = Rs. 300 - 250 = Rs. 50
Profit % = (profit/CP)X100%
= (50/250)X100% = 5000/250% = 20%
Step-by-step explanation:
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